Market Overview
Home Prices in Lakebay, WA
The median home value in Lakebay, WA is $538,262 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lakebay are priced31% above average. Lakebay is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Lakebay home values have risen by approximately9.8%, reflecting steady appreciation in this market.
Price History
Lakebay Home Price Trend
City Comparison
Lakebay vs. National Median
At $538,262, homes in Lakebay cost 31% above the national median of $410,000. Buyers in Lakebay should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lakebay?
20% Down Payment
$107,652
on $538,262
Monthly P&I
$2,807/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,565/mo
incl. taxes & insurance
Income Needed
$142,600
gross annual (30% rule)
10% Down Option
$53,826
+ PMI applies
Loan Amount (20% dn)
$430,610
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lakebay, WA?
The median home value in Lakebay is $538,262 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Lakebay?
Over the past year, home values in Lakebay have decreased by 1.1%. Over five years, prices have risen approximately 9.8%.
How much do I need to earn to buy a home in Lakebay?
To comfortably afford the median home price of $538,262 with a 20% down payment ($107,652) at today's rates (6.8%), you'd need a gross annual income of approximately $142,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Lakebay compare to the national average home price?
The national median home value is approximately $410,000. At $538,262, homes in Lakebay are 31% above the national average.
What metro area is Lakebay part of?
Lakebay is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.